Concord Biotech Base Case Target Achieved

Authored By Prime Research | Published at: Aug 18, 2026 11:36 AM IST

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CONCORDBIO

₹1,225

-3.60%

Concord Biotech Base Case Target Achieved

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In our quarterly result update report dated Aug 08, 2026 we had recommended to buy Concord Biotech in the band of Rs 1360-1382 band and add on dips in Rs 1239-1252 band for a base case fair value of Rs 1539 and a bull case fair value of Rs 1658 over the next 4 quarters.

Today, the stock hit a high of Rs 1576, thereby achieving our base case target and yielding a return of 11.4% in just seven trading sessions.

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If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
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